TANZANIA has invited Chinese investors to look into mining opportunities as the government works to improve the business and investment climate. Mbelwa Kairuki, Tanzania’s Ambassador to China, extended the invitation, saying that the government’s current measures are based on inclusive growth, competitiveness, and transformation. Mr Kairuki said the government is …
Read More »President induction sees considerable positive sentiment in the country, Edenville optimistic about future
According to Aim-listed Edenville Energy, the induction of newly appointed Tanzanian President Samia Hassan has resulted in “considerable positive sentiment in the country,” which appears to be translating into improved business confidence and action. Furthermore, the increase in coal prices, which has more than doubled in the last year to …
Read More »New sanitation system in Narok will raise living standards for generations to come
Until late 2020, Narok had no sanitation system. The County had set aside a quarry near Narok town as a disposal area, but this was shut down in 2019 by the National Environment Management Authority (NEMA) after the quarry got full and was spilling into the adjacent Enkare Narok River. However, …
Read More »Bosch Rexroth Tanzania distributor expands footprint using containerised hose workshop
Magare Company Limited, the newly appointed Sales Partner for Hytec Services Africa, has secured an HSA containerised hydraulic hose workshop to expand its reach in the country. The containerised workshop began to be active on January 1, 2021, strengthening Magare’s Mwanza branch’s capabilities to deliver hydraulic equipment and services to …
Read More »Uganda’s Makuutu rare earth project gets a significant boost
ASX-listed Ionic Rare Earths The company on Wednesday announced that it had received binding commitments for the placement of 300-million shares at an issue price of 4c each, representing a 7% discount to Ionic’s ten-day volume-weighted average share price. The company also said it will raise A$12-million in a share …
Read More »Decarbonisation will need more, better mining
The World Bank (WB) estimates, for instance, that production of minerals like graphite, lithium and cobalt could grow by 500 percent in the next three decades to meet demand for clean energy technologies. This comes on the backdrop that mining remains a vital part of a low-carbon future, a fact …
Read More »Shanta ends the year with higher reserves and resources
Aim-listed Shanta Gold has revealed that it has “produced another notable safety performance”. The company, through CEO Eric Zurrin in a production and operational results release, also states that it achieved its core objectives for 2020, with gold production and costs in line with guidance. Shanta owns the New Luika …
Read More »Ecosystem under threat as mineral rush grips East Africa
Lake Victoria and the Mara River are at the mercy of the mining boom that has struck the border between Kenya and Tanzania. Recent innovations are a major challenge to the biodiversity of the Masai Mara and Serengeti game reserves, where annual wild beast migration, the World Wonder of the …
Read More »SRK –Supporting mines in striving for zero harm
Rock-related accidents have reduced significantly in recent decades, due in large part to incremental improvements in rock engineering practice. According to William Joughin, chairman of SRK Consulting and himself a leading rock engineering expert, the company’s contribution in this field has included assisting mines with reviews of safety practices, as …
Read More »Mining licensing ban affecting investment
Stakeholders in the Kenyan mining industry believe that the moratorium to renew mineral licences imposed by the Ministry of Petroleum and Mining last December is affecting the sector. The Kenya Chamber of Mines (KCM) and other stakeholders in the mining industry are calling on the government to lift a ban …
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East African Mining News Unearthing Mining Opportunities in East Africa